Arabian Shield Cooperative Insurance Company (TADAWUL: 8070)

Arabian Shield Cooperative Insurance Company Balance Sheet

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	98.9	-	-	14.63	14.34	14.43
Other Investments	942.62	1,499	1,022	311.01	232.21	259.7
Total Investments	2,242	2,164	1,580	325.64	246.56	274.13
Cash & Equivalents	138.98	160.97	146.73	365.56	517.75	403.38
Reinsurance Recoverable	410.93	421.73	224.16	177.01	228.89	211.09
Other Receivables	44.22	275.65	88.99	129.06	73.78	95.36
Deferred Policy Acquisition Cost	-	-	-	10.13	7.03	7.9
Property, Plant & Equipment	7.56	7.84	5.98	2.71	3.05	3.51
Goodwill	368.76	368.76	364.95	46.79	46.79	46.79
Other Intangible Assets	48.36	49.98	43.71	10.67	10	8.45
Restricted Cash	79.82	79.82	63.85	40	30	30
Other Current Assets	15.49	3.31	1.95	36.88	37.62	21.77
Long-Term Deferred Charges	-	-	-	2.2	3.61	4.49
Other Long-Term Assets	-	-	-	1.97	3.49	1.77
Total Assets	3,356	3,532	2,521	1,149	1,209	1,109
Accounts Payable	-	-	-	-	37.87	20.92
Accrued Expenses	77.21	157.77	92.64	74.04	62.69	51.76
Insurance & Annuity Liabilities	1,562	1,568	1,113	31.59	36.75	17.74
Unpaid Claims	-	-	-	247.87	297.82	319.38
Unearned Premiums	-	-	-	198.7	204.6	174.73
Reinsurance Payable	3.88	2.95	0.9	13.87	18.83	15.11
Current Portion of Leases	-	1.75	-	-	-	-
Current Income Taxes Payable	29.59	56.85	50.71	40.72	38.24	32.01
Other Current Liabilities	-	191.16	59.16	39.77	38.96	28.17
Other Long-Term Liabilities	70.77	3.66	6.78	3.13	3	2.73
Total Liabilities	1,768	2,003	1,336	659.91	746.66	670.97
Common Stock	798.15	798.15	638.53	400	300	300
Additional Paid-In Capital	478.47	478.47	355.88	-	-	-
Retained Earnings	267.52	201.18	152.91	90.48	164.33	132.67
Comprehensive Income & Other	44.56	51.18	37.86	-1.77	-2.43	4.99
Shareholders' Equity	1,589	1,529	1,185	488.71	461.9	437.66
Total Liabilities & Equity	3,356	3,532	2,521	1,149	1,209	1,109
Filing Date Shares Outstanding	79.82	79.82	63.85	40	40	40
Total Common Shares Outstanding	79.82	79.82	63.85	40	40	40
Total Debt	1.57	1.75	-	-	-	-
Net Cash (Debt)	137.41	159.22	146.73	365.56	517.75	403.38
Net Cash Growth	6.12%	8.51%	-59.86%	-29.39%	28.35%	-6.31%
Net Cash Per Share	1.86	2.41	2.32	9.14	12.92	10.00
Book Value Per Share	19.90	19.16	18.56	12.22	11.55	10.94
Tangible Book Value	1,172	1,110	776.51	431.25	405.11	382.41
Tangible Book Value Per Share	14.68	13.91	12.16	10.78	10.13	9.56
Machinery	60.2	58.61	37.29	20.9	19.84	18.02
Construction In Progress	-	-	-	0.19	0.14	0.58

Source: S&P Capital IQ. Insurance template. Financial Sources.